Jay Thomas
Real Estate Agent Disclosures
For all investors out there with real estate license and are also landlord (self managing your own properties), do you have to disclosure to your tenants (and potential tenants) that you are a licensed agent? Also, ar...
Eddie Ziv
Lets talk MOLD disclosure.
With the recent rain amount coming down in the south east, mid west and the east coast, Mold may be inevitable. It has been discussed in the past as to how to deal with mold, but I wonder about disclosure.
I bought a...
DeeDee McGraw
Treated Termites and disclosure
Just put a bid in on a termite infested foreclosure. Budgeted for complete replacement of everything as well as a termite treatment. Do I have to or should I disclose at sale that termites were present? Located in rur...
Walt Strader
Fraud in MLS disclosure
I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
Nate Baumann
Old House Disclosure Statement
Hi, my name is Nate and I am new to BP and new to rental real estate. I flipped a few homes and have decided to try a longer term approach. I am close to closing on my first deal involving 3 multi-family homes that we...
Jerry Cima
Property Condition Disclosure - NY
Are all sellers in NY required to provide a property condition disclosure OR a $500 credit at closing? When purchasing my own home, the agent made it seem like this was a requirement (the disclosure or the money). Wha...
David Napier
Lead based paint disclosure?
Hello BP, we are looking at buying a older duplex (1964). It very well may have some lead based paint in it still. As far as renting it, do I need to verify (test) if it does or not. Our concern is if we don't, can a...
Adam Bennett
Foundation Issues and Disclosures
Hello all,I am in the buy and hold business and have not done a lot of selling. I have an associate who will eventually be selling a house he is occupying and rehabbing at the same time. The house he is working on has...
Mrinal Parashar
Seller violated sellers disclosure
Bought a house in Cumming, Ga. After closing when I went to the house, there was no refrigerator,washer and dryer. The seller disclosure said that they will leave these items. What should be the correct course of acti...
Megan Ghothane
non-disclosure of SEPTIC
I purchased a property in September of 2019. When trying to fix the septic system, I was halted by Baltimore County due to bad soil drainage. As I dug deeper into the issue I learned that the previous owners knew of t...